The government of B.C. says it is introducing new gambling regulations to curb money laundering and fraud in the province.
As part of the changes, a new gambling regulator, the Independent Gambling Control Office, will be introduced, according to a Dec. 2 government news release.
The gaming control act, passed in the fall of 2022 and which will come into effect on April 13, 2026, will address weaknesses in the provincial regulatory framework, the government said, adding it will also cover online gambling and “evolving gaming technologies.” The changes stem from recommendations by the Dirty Money report by Peter German in 2018 and the Cullen Commission of inquiry into money laundering in 2022….